• Capital One is readying an acquisition of Discover Financial Services, according to The Wall Street Journal.
  • The deal would merge two of the largest credit-card issuers in the US.
  • Discover is coming off a difficult year after compliance lapses led to a CEO resignation.
  • @hydrospanner
    link
    54 months ago

    Another Discover hater here.

    Many many years ago they bought some of my student loan debt and they’ve been impossible to try to work with. Even something as simple as shifting a due date by 3 days to better coincide with a pay schedule, or literally just to make it easier to pay them, they have been awful in every instance.

    Of course since those early days I’ve changed jobs many times, tripled my pay, paid off 2 vehicles (the far more expensive of which was financed, ironically enough, by Capital One) and now have excellent credit, good income, etc. So now Discover floods me with mail to open a credit card with them…while still being fucking horrendous to deal with on the student loans!

    The last time I actually had to talk to someone at discover they even tried to get me to sign up for a credit card on the call. The woman finally gave up when I told her that I’d rather lose everything and live on the street and survive on a diet of small bits of rocks and sticks than have any more business dealings with Discover.